Nursing Care Facilities Market: ZIP 53024
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 53024 is an suburban area. with a population of 19,040 and household incomes above the national median ($91,675).
Area Profile
19,040
Population
$91,675
Median Income
+23% vs. national
Suburban
Area Type
Median Age: 42.5 —
older demographic, may prefer sit-down options.
College-Educated: 33.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,240
2BR Fair Market Rent
$1,124
Median Gross Rent
$350 K
Median Home Value
8
Bank Branches
$580 K deposits
Tips for Starting a Elder Care Business in Wisconsin
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
Quick Facts
- Area Type
- Suburban
- Bank Branches
- 8
vs. National Average
Median Income
+23% vs. $74,580
Nearby Markets
53080
6.3 mi
Pop: 4,999
$82,903
Walk: 5.7
53012
7.1 mi
Pop: 18,870
$98,094
Walk: 10.1
53074
7.5 mi
Pop: 13,589
$78,944
Walk: 7.2
53097
8.2 mi
Pop: 7,334
$150,391
Walk: 6.1
53092
8.2 mi
Pop: 21,202
$126,431
Walk: 8.1
53217
12.1 mi
Pop: 30,381
$132,044
Walk: 12.5
53004
12.1 mi
Pop: 3,551
$84,844
53021
12.4 mi
Pop: 4,421
$84,083
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits